Which statement best shows an entrepreneur's initiative?
Answer and explanation
Correct answer: Taking the first step toward a solution when a problem is noticed
Initiative means recognising a need or problem and beginning purposeful action without waiting to be forced or instructed. Taking the first step toward a solution demonstrates active responsibility and opportunity seeking. Waiting for orders, postponing tasks, or merely complaining does not create progress. Thus option A best represents entrepreneurial initiative.
Frequently asked questions
What is the correct answer to this question?
Taking the first step toward a solution when a problem is noticed
Why is this the correct answer?
Initiative means recognising a need or problem and beginning purposeful action without waiting to be forced or instructed. Taking the first step toward a solution demonstrates active responsibility and opportunity seeking. Waiting for orders, postponing tasks, or merely complaining does not create progress. Thus option A best represents entrepreneurial initiative.
Which subject and chapter does this question cover?
This is a Class 11 Business Studies question. Chapter: MSME and Business Entrepreneurship. Topic: Entrepreneurship Development.